World shares sink after inflation driven retreat on Wall Steet
The sentiment in the market is highly negative as traders and investors are largely concerned about an economic downturn and soaring inflation, said an expert
After cement, Adani enters healthcare, sets up subsidiary Adani Health Ventures Ltd
For its healthcare foray, the group reportedly has been in talks with big names in the sector and may invest up to $4 billion
LPG price hike: Cylinders to cost more than Rs 1,000 after latest increase in price
The price of domestic cooking gas was hiked by Rs 3.50 per cylinder, the second increase in rates this month
Gold price today: 10 grams of 24-carat trades at Rs 50,290; silver at Rs 61,000 per kilo
According to MCX, gold futures fell 0.08 per cent to Rs 50,180.00 and silver futures declined 0.19 per cent to reach Rs 60,661.00
Elon Musk calls S&P 500 ESG Index 'a scam' after Tesla gets kicked off list
In a series of tweets, Tesla CEO Elon Musk expressed his displeasure and said political attacks on him would escalate in coming months
IndiGo names Pieter Elbers as CEO, Ronojoy Dutta to retire on 30 September
71-year-old Dutta, who came to help the airline in January 2019, has decided to retire on September 30, after guiding the airline through the turbulent COVID period, IndiGo said in a statement
Market Roundup: Sensex falls 109 points, Nifty ends at 16,240; check top winners and losers
Both BSE Sensex and NSE Nifty encountered minor losses. With the exception of fast moving consumer goods (FMCG), pharma and healthcare index, all sectors ended in red
Rupee falls 16 paise to record low of 77.60 against USD
At interbank foreign exchange market, rupee opened lower at 77.57 and later hit the day's low of 77.61 as the dollar rebounded in global markets following hawkish comments from US Federal Reserve chief Jerome Powell
Cabinet empowers Board of Directors of the holding, parent PSEs to allow disinvestment
The aim is to expedite the decision-making process and cut wasteful expenditure by the PSEs
Gold price today: 10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram
While gold rose by Rs 10 from yesterday's value, silver declined by over Rs 300. The price of the much-in-demand metal varies every day due to factors such as excise duty, making charges and state taxes
How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out
Under the new guidelines, donors will be eligible for the tax benefit only if the NGO or charity they have donated to has filed Form 10BD before the stipulated deadline. It is to be noted that the benefits can only be availed by people falling under the old tax regime.
EPFO cautions account holders against these mistakes; check what you can do to avoid big loss
There are several ways in which fraudsters can steal your hard-earned money. Never share your PF account details over the phone or social media to avoid falling prey to online fraud
Market Roundup: Sensex zooms 1,344 points, Nifty up by 2.6%; all indices end in green
The domestic equity benchmark BSE Sensex gained by 1344 points to end at 54,318 and the NSE Nifty 50 settled 2.63 percent higher at 16,259
RBI rejects 6 applications for setting up banks
The RBI in a statement said the examination of six applications has now been completed as per the procedure laid down under the guidelines
Good news for govt employees! Centre may hike DA in July-August
Reports suggest that the government may announce a 4 percent hike in DA. Central government employees are also hopeful of an increase in Travel Allowance (TA) and Home Rent Allowance (HRA).
LIC sees muted debut in stock market, lists at over 8% discount
LIC shares listed at a discount even as the benchmark BSE Sensex opened with gains later soared over 2 per cent
Elon Musk says 'cannot move forward' with $44 billion deal until Twitter CEO Parag Agrawal clarifies numbers on spam accounts
The multi-billionaire said there are 20 per cent fake/spam accounts, four times what Twitter claims. He said his offer was based on Twitter's SEC filings being accurate
WPI inflation at record high of 15.08% in April on rising prices across all items
The WPI-based inflation was 14.55 per cent in March and 10.74 per cent in April last year
West Bengal to set up Centre for Fiscal Policy and Public Finance; will hire staff soon
The centre will conduct research and studies for better resource mobilisation, public expenditure rationalisation and enhancement of efficiency in public expenditure and debt management
How a sustainable, destination-oriented tourism may do wonders for India
It is important to establish appropriate guidelines and regulations in accordance with national priorities for promoting and supporting sustainable tourism